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Paytm Foundation is working to make available 21,000 oxygen concentrators from 1st week of May

Raunak Saha by Raunak Saha
April 29, 2021
in Technology
0
Paytm Foundation Vijay Shekhar Sharma resigns as chairman of Paytm Payments Bank

The Digital payment and financial services giant Paytm have come up to help India’s fight against the second wave of the COVID-19 pandemic. While a lot of Indian startups and giants are showing their support by donating funds or medical supplies, Paytm too has shown their support.

Paytm Foundation has already said to have placed an order for importing 21,000 OCs to provide immediate relief as there is an immediate requirement for oxygen cylinders for COVID-19 patients. The company spokesperson has even confirmed that they will be made available from the first week of May in the country.

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Paytm has already raised a Rs 5 crore contribution from the public and matched the same amount to take the total donation to Rs 10 crore. The procurement of these much-needed oxygen concentrators (OCs) filter out oxygen from the air and help COVID-19 patients with mild breathing issues.

“Paytm Foundation has already placed an order for importing 21,000 OCs to provide immediate relief. Our founder Vijay Shekhar Sharma is leading a dedicated team with medical expertise to push forward and streamline company-wide Covid relief measures,” the company spokesperson told.

These will be immediately made available by sending them to government hospitals, COVID care facilities, private hospitals, nursing homes. “As part of Oxygen for Life Campaign, on the Paytm foundation’s website, private hospitals, RWAs, NGOs may request for guidance for purchase of the Oxygen Concentrators,” he said.

India is suffering the worst phase in this COVID-19 pandemic as over 3.79 lakh patients have been registered in the last 24 hours. Patients have been running for oxygen and thus we have seen more deaths recently because of lack of oxygen.

Paytm is now also aiming to raise over Rs 14 crore to source over 3,000 OCs over the next few days. “Paytm aims to become the destination for other organizations & enterprises to procure OCs,” the spokesperson said.

Source

Tags: PaytmPaytm Foundation
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